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RBI Slaps Paytm Payments Bank With A Penalty of Rs 1 Cr: Here’s Why
The Reserve Bank of India imposed a monetary penalty on Paytm Payments Bank Limited (PPBL) and Western Union Financial Services Inc (WUFSI) on Wednesday for regulatory compliance violations. For non-compliance with certain provisions of RBI's guidelines, PPBL has been penalized with ...
RBI infuses Rs 10,000 crore through OMO
The Reserve Bank of India on Thursday decided to infuse Rs 10,000 crore via open market operations (OMOs) to ease tight liquidity by purchasing four government securities on March 30, 2012, through a multi-security auction using the multiple price method and ...
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